Round the Clock Acquisitions 10-24-2007

October 24th, 2007 at 12:00 am

After a boring Monday and Tuesday in the sphere of fundraising and buyouts, today there’s a lot to report and the bucks are quite big (in the millions).

PEHub , TechCrunch and Mashable and Profy are very keen on giving their analyses on the acquisitions and I’d like to credit them for letting me know. SO with no further dilly dally, here’s roday’s round up.

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LinkStorm , a New York-based developer of an online linking system for the advertising, marketing and ecommerce markets, has raised $4.2 million in Series C funding from individual angels. The company previously had raised around $9 million.

BrightRoll Inc ., a San Francisco-based online video advertising network, announced that it has raised $5 million in Series B funding. peHUB previously reported on the deal, based on a regulatory filing. KPG Ventures and Adams Street Partners were joined by return backer True Ventures.

Contract-management startup EchoSign has just closed a $6 million round of financing, led by Emergence Capital. Previously, the company had raised $2.5 million from Storm Ventures.

Liquid Air Lab, creator of the mobile application spodtronic, has made a small acquisition with Rocket Science, which alows for XML-based UI development on Symbian Series 60, UIQ, Windows Mobile and Linux platforms.

Social networking site for old people BOOMj.com has been acquired (or merged into: they say both) by Time Lending California, a company that engages in "direct mail marketing for mortgage companies" as well as real estate loan brokering and real estate sales.

JibJab, the producers of numerous viral comedy animation hits, has raised an additional $3 million in investment from Polaris Venture Partners. Previously, the company had raised $6.4 million in May, 2006.

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And so another exciting day at the market. Likeall acquisitions and VC fundings, these partnerships are expected to turn up some results. Some close down and some get returns, it’s just the way the ball goes ’round.